Monthly Archives: January 2018

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31 Jan 2018

Housing developer unloading P2.8B in receivables

2019-01-09T06:58:25+08:00January 31, 2018|Newsroom, Philippine Daily Inquirer|

Housing developer 8990 Holdings has signed a deal to unload P2.8 billion worth of housing receivables, freeing up liquidity to build more houses for the mass market. In a disclosure to the Philippine Stock Exchange, 8990 Holdings said its subsidiaries had entered into a deal to sell contract-to-sell (CTS) receivables to Dearborn Resources and Holdings Inc. The company encourages buyers ..

30 Jan 2018

8990 Holdings sells P2.8 billion worth of contract to sell

2019-01-09T07:07:56+08:00January 30, 2018|Newsroom, Business Mirror|

MASS-housing builder 8990 Holdings Inc. said it sold some P2.83 billion in contract to sell (CTS) of its various units all over the country to Dearborn Resources and Holdings Inc. In its disclosure to the Philippine Stock Exchange, 8990 Holdings said on Tuesday the CTS will come from its various subsidiaries, but mainly from 8990 Housing Development Corp. and from ..

30 Jan 2018

8990 signs deal to sell receivables worth P2.8b

2019-01-09T07:03:48+08:00January 30, 2018|Newsroom, Manila Standard|

Mass housing builder 8990 Holdings Inc. said it sold P2.8 billion worth of receivables to Dearborn Resources and Holdings Inc. 8990 Holdings said in a disclosure to the stock exchange it signed an agreement with DRHI to sell and transfer in-house contracts to sell, or CTS, receivables worth P2 billion on a non-recourse basis. The CTS comes from housing units ..

22 Jan 2018

8990 launches P2-B Cebu mid-rise condo

2019-01-09T07:11:57+08:00January 22, 2018|Newsroom, PhilStar|

MANILA, Philippines — 8990 Holdings Inc has launched a P2 billion mid-rise condominium development in Cebu City to take advantage of the strong economic growth in Central Visayas. The company sees Visayas and Mindanao as high growth areas, with 45 completed projects since 2003. The company is pouring in around P800 million until 2021 for the development of Urban Deca ..

21 Jan 2018

8990 launches P2-B mid-rise condo complex in the Visayas

2019-01-09T07:16:18+08:00January 21, 2018|Newsroom, Business Mirror|

MASS-housing builder 8990 Holdings Inc. said it launched its second mid-rise condominium development in Barangay Tisa, Cebu City, which has a total value of approximately P2 billion. The first project in Tisa has already been sold out, the company said. 8990 Holdings has been developing in high-growth areas across the Visayas and Mindanao, with 45 completed projects since 2003. There ..

20 Jan 2018

8990 rolls out new Cebu project

2019-01-09T07:28:14+08:00January 20, 2018|Newsroom, Philippine Daily Inquirer|

Mass housing developer 8990 Holdings Inc. has rolled out a new mid-rise condominium complex in Cebu City that will bring to the Visayan property market about P2 billion in new affordable residential inventory. Urban Deca Homes Tisa 2—8990 Holdings’ second condominium project in Barangay Tisa, Cebu City—seeks to cater to young, working professionals and parents as well as college students ..

20 Jan 2018

8990 targets P2B in sales from Tisa 2

2019-01-09T07:18:16+08:00January 20, 2018|Newsroom, The Manila Times|

MASS housing developer 8990 Holdings, Inc. is targeting to generate over P2 billion in sales from its newly-launched residential project in Cebu City. In a statement on Friday, 8990 said it is setting aside P800 million over the next three years for the construction of Urban Deca Homes-Tisa 2 in Cebu City, duplicating one of its mid-rise developments following strong ..

19 Jan 2018

8990 Holdings launches P2-B Cebu mid-rise project

2019-01-09T07:35:59+08:00January 19, 2018|Newsroom, Manila Bulletin|

Top mass housing developer 8990 Holdings, Inc. has launched its second mid-rise condominium project in Barangay Tisa, Cebu City which has a total value of approximately P2 billion. In a statement, the firm said its first project in Tisa has already been sold out. 8990 Holdings will spend around P800 million until 2021 for the development of Urban Deca Homes ..

19 Jan 2018

8990 sees P2-b sales from 2nd Cebu condo

2019-01-09T07:32:28+08:00January 19, 2018|Newsroom, Manila Standard|

Mass housing developer 8990 Holdings Inc. expects to raise P2 billion in sales from a newly launched mid-rise condominium complex in Tisa, Cebu. The Urban Deca Homes Tisa 2 will consist of 21 four-story buildings offering a total of 1,392 units and targeting the young, working professionals and parents, as well as college students from neighboring provinces who work or ..

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